*Brazil’s central bank (BCB) has released the latest figures for the country’s balance of payments, showing a current account deficit of US$5.1bn in June. This is up from the deficit of US$2.9bn
the previous month and from US$3.4bn in June last year. The accumulated annual deficit until June 2025 stood at US$73.1bn (3.42% of GDP), up from US$71.4bn (3.35% of GDP) in May and from US$28.9bn (1.28% of GDP) a year earlier. The trade balance of goods in June 2025 showed a surplus of US$5.3bn, down from US$6.6bn in May and from a surplus of US$5.7bn in June 2024. Foreign direct investment (FDI) was also down in June, registering US$2.8bn, down from US$3.7bn in May and US$6.3bn in June last year.
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